Are you looking to buy wholesale properties or to learn about alternative options?

Top 5 Reasons to Sell Your Home for Cash

Robert Vaughan 12.11.15

Selling homes for cash is becoming an ever more common practice, and in a market that is still recovering, there are a lot of reasons to consider selling your home for cash instead of taking your chances on the open market. Here are some of the top reasons sellers decide to take cash offers.


You Need to Sell Quickly contact an Acquisitions Manager at Red Hill Real Estate Solutions LLC at (949) 356- 5440

There are many situations where you may need to sell your home quickly. For example, maybe you got a job in another state, you’re in the middle of a divorce and neeed to split your assets, or you or a loved one is moving into an assisted living facility. While the normal process of selling your home can take months, cash offers can normally be completed within 30 days, and sometimes even within 2 weeks, so you’ll have the cash you need when you need it.


There’s No Need to Renovate or Stage Your Home

If your home is more than a few years old, and you want to get top dollar on the open market, chances are it’s going to need some renovation. But renovating a home and staging it for potential buyers can be quite a headache.

Even basic renovations like fresh paint, new flooring, landscaping, and updating kitchens and bathrooms can set you back thousands, and new furniture, window treatments, light fixtures, and accent pieces add up quickly too. And if other problems are uncovered during a renovation or home inspection, it could ruin your chances of making a profit.


There’s No Risk, and No Hassle

Renovating and staging can take weeks or months, and of course there’s no guarantee any of it will help sell your home quicker, or that you’ll recoup your investment. And with the market the way it is, gambling that a renovation will pay off and you’ll be able to sell quickly is a risk a lot of people don’t want to take.


You’ll Avoid Getting Stuck Paying Two Mortgages

Every day your house sits on the market is a day you’re losing money. Even if have a newer home, or made renovations prior to putting your house on the market, it could still end up sitting for weeks or months. And if your home is in need of renovation, there’s a pretty good chance it could sit for much longer. So even if you end up selling for a higher price, you may still end up making less profit.


You Don’t Have to Pay Agents or Listing Fees

When you sell your home for cash, you don’t have to worry about paying an agent commission, or pricey listing fees, so more cash goes directly into your pocket.

Are you looking to buy wholesale properties or to learn about alternative options?

Please call us today at (949) 356- 5440 if you’d like to learn more about the real estate services that we offer.


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O.C. home prices up 4.4% in October

Looking to Buy or Sell in Orange County? Call your Red Hill Acquisitions Manager Now! 

at (951) 356-5440

High home prices are keeping a lid on residential appreciation rates in Orange County, with year-over-year gains holding steadily below 5 percent for the past year, according to CoreLogic figures released Tuesday. Have you thought or know someone who would like to sell there home fast for cash? Call our professional team at Red Hill Real Estate Solutions LLC at (951) 356-5440

The Irvine-based data firm’s Home Price Index shows that home prices were up 4.4 percent in the year ending in October, but were unchanged from September levels.

That’s a small gain compared to neighboring housing markets.

CoreLogic’s HPI showed that home prices notched upward 6.8 percent year-over-year in Los Angeles County. In the Inland Empire, prices were up 6.2 percent from October 2014 levels.

Home prices increased 6.8 percent in the nation as whole in October, while the statewide appreciation rate was 7.2 percent.

Smaller price gains are expected in the year ahead, however. The CoreLogic HPI forecast calls for a 5.2 percent increase by October 2016.

CoreLogic Chief Economist Frank Nothaft attributed this year’s higher appreciation rate to a low number of homes being offered for sale, conditions that are likely to persist in early 2016, he said.

“Home equity levels are now approaching pre-recession levels,” CoreLogic CEO Anand Nallathambi added. “As we move forward, the rise in home prices will need to be better correlated to family income trends over time to avoid homes becoming affordable for many.”

If you need help organizing your thoughts or want even more trends and stats about your local neighborhood or maybe you would like to know how to sell your home "AS IS" our real state consultants are standing by at (951) 356- 5440 or visit us at http://www.redhillrealestatesolutionsllc.com/

Are you in a buyer's or seller's housing market?

Housing supply is tight in most cities across the United States, but that does not mean that every market is a seller's market. So when you need to sell your home fast. 

Red Hill Real Estate Solutions LLC

Today's home-buyers are a finicky lot and a mortgage-dependent lot and a confidence-lacking lot; they may want to buy a house, but they're not as willing to be as "house poor" as they might have been in the past. That is why it is more important than ever today, as both a buyer and a seller, to know your market well and know its housing value even better.

Less than a third of U.S. housing markets are seeing homes sell for above asking price, 60 percent are still seeing homes sell for below and about 14 percent are seeing homes go at market value, according to RealtyTrac, a real estate sales and analytic s company. At the same time, a larger-than-normal percentage of sales are being done all in cash, which increases competition even in markets where home prices are not soaring ever higher.

As always in real estate, sellers need to know what the market will pay, and buyers need to make smart bids. In today's market, those truths are more acute than ever, as an increasing number of buyers compete for a dwindling number of listings. Even in a tight market, some homes will sit if not priced correctly.

So where are sellers in the driver's seat? No surprise, the Bay Area of California, where homes are selling for 108 percent of asking price on average, according to RealtyTrac. Sellers are also getting more than asking in Washington, D.C., Winston-Salem, North Carolina, and Cass County, North Dakota.


Buyers are more in control in St. Louis, Baltimore, Pittsburgh, Atlanta and Burlington, Vermont. Sellers are getting around 80 percent of asking price in these markets, even though supplies of listings are still limited its important to know that offices like Red Hill Real Estate Solutions LLC. can offer solutions and can sell your home fast for cash..

Where are the stakes even between buyer and seller? Raleigh, North
Carolina, the D.C. suburbs in Montgomery County, Maryland, Los Angeles and Riverside County, California, Orange County, and the Phoenix metropolitan area.

Home price gains have been accelerating nationally for the past several months, thanks to tight supply and still-low mortgage rates; builders are still operating below a normal pace, and a lot of potential sellers are still reluctant to list, as they fear they will find nothing they like or can afford to buy.

Should mortgage rates move higher, as some expect, the dynamics in all of these markets could shift dramatically. For now, though, it is good to know as much as possible about your market's value, and even better to know when to walk away.

Get the truth about your home and how we can help you sell it fast to resolve any situation. Please Call 951-356-5440

Down Payments: Percentages Trend Lower as Amounts Rise! Selling your Home Fast could be the Key?

Down Payments: Percentages Trend Lower as Amounts Rise

November 2, 2015, 6:30 am
Robert Vaughan

Are those sought-after first-time home buyers finally re-emerging? How do you sell your home fast?adviser at Red Hill Real Estate Solutions Inc. RealtyTrac said on Thursday that they may be the reason that the average percentage of down payments used to purchase single-family homes, condos, and town homes in the first quarter of 2015 was at the lowest level in three years. Red Hill Real Estate Solutions LLC team can answer these questions and they can sell your home fast for cash.

On average home buyers put down 14.8 percent of their home's purchase price compared to 15.2 percent in the fourth quarter of 2014 and 15.5 percent a year earlier. This was the lowest average percentage for a down payment since the first quarter of 2012.

"Down payment trends in the first quarter indicate that first time home buyers are finally starting to come out of the woodwork, albeit it gradually," said Daren Blomquist, vice president at RealtyTrac. "New low down payment loan programs recently introduced by Fannie Mae and Freddie Mac, along with the lower insurance premiums for FHA loans that took effect at the end of January are helping, given that first time home buyers typically aren't able to pony up large down payments. Also helping tilt the balances toward first time home buyers in the first quarter is less competition from the large institutional investors that have been buying up starter home inventory as rentals."

Even at an average rate substantially below the traditional 20 percent buyers are making a substantial out-of-pocket investment. The average dollar amount put down was $57,710 compared to $57,618 in the previous quarter and a slightly higher 57,992 in the first quarter of 2014.

The average down payment on an FHA loan was 2.9 percent of the purchase price or $7,609 while conventional loan down payments averaged 18.4 percent or $72,590.

High loan-to-value (LTV) ratio loans - 97 percent or higher or with a down payment of 3 percent or less - made up 27 percent of purchase origination's in the first quarter. This was a one percentage point increase over both the previous quarter and the first quarter of 2014 and was the highest share since the second quarter of 2013. Eighty-three percent of FHA purchase loans originated in the first quarter were high LTV and 11 percent of conventional purchase loans.

Among the nation's 20 largest counties with down payment data available those with the lowest average down payment percentage were Wayne County (Detroit), 12.0 percent; Philadelphia County, (12.6 percent), Clark County (Las Vegas), 13.3 percent, Riverside County, California, 13.7 percent; and Maricopa County (Phoenix), 14.2 percent. The highest average down payments were in three counties in the metropolitan New York area, Santa Clara and Orange Counties in California. Markets with the highest percentage of low down payment loans in the first quarter included counties in Atlanta; Washington, D.C.; El Centro, California; Worcester, Massachusetts; and Charlotte and Greensboro in North Carolina while the lowest share of low down payments were in New York County, the Bay Area, and Kings County (Brooklyn

RealtyTrac pointed to several trends through the quarter. First, FHA loans represented a larger share in each month of the quarter, rising from 21 percent in January to 25 percent in March. Second, while overall low down payment loans increased as a share of origination's through the quarter the low down payment share of conventional loans moved in the opposite direction, from 11 percent in January and February to 10 percent in March while the share of FHA loans that were low down payment loans increased throughout the quarter, from 83 percent in both January and February to 84 percent in March. If you are one of the many homeowners who have fallen behind on your mortgage payments and you don't see any way to avoid foreclosure, a short sale may offer you the least painful way to resolve the situation. Speak to our resolutions team and find out what your options are with Red Hill Real Estate Solutions LLC

Red Hill Real Estate Solutions, LLC. is part of a nationwide group Give us a call today at 951-356-5440 to let us know what YOU need help with!

Estate Sales Montebello CA

Estate sales Montebello CA (or tag sales in some parts of the country) are increasingly used in the U.S. for the four “Ds:” Death, Divorce, Debt and Downsizing. Would you know how to sell your home fast if you needed to? Sometimes when the neighbors are close friends, we can add one more “D,” desertion. It feels like that doesn’t it?

Does it ever shock you when your neighbors here in the Montebello area decide to sell almost everything they had accumulated over the years and move to Oregon, Florida, Charlotte, or just become expats? They worked hard to buy the large dining room table and eight chairs, the sofas, the lamps, the art work, the beds and exercise equipment, the outdoor furniture and even the BBQ that practically cooked by itself. They start with a couple of garage sales, but the big stuff was is auctioned or sold at estate sales Montebello, CA. Did you know their are professionals like Red Hill Real Estate Solutions who can pay cash for your house?

Expect to see more estate sales because Baby Boomers who make up the largest demographic in the U.S., those born from 1946 to 1964, are reaching the age of 65 at a rate of 10,000 a day. That trend will continue until 2029. For the most part the kids are gone, the house seems too big, there’s a lure more toward temperate climate and a desire for snow less winters, Getting rid of their stuff and starting over in some new land is appealing in many ways.

Another factor leading to estate sales, parents of those reaching 65 are dying while the kids are downsizing. They have nowhere to put their parent’s furniture. As if that isn’t enough, the divorce rate for those around 50 has doubled recently, and debt, the American way, continues to claim victims in this slow economy. Getting rid of what George Carlin referred to as “stuff,” requires more than a garage sale. It requires a professional. Enter the estate liquidator.

Estate sales are public sales conducted by estate liquidators, in the house of the seller. The seller is asked to remove everything they want to keep and all the rest is tagged with a price. The estate liquidator uses their vast knowledge to set a price on each item that maximizes the price with an eye on liquidating everything quickly. The estate liquidator may offer a price upfront for everything, or take a percentage of the sales. The estate sale is held over a weekend, and items are sold on a first come, first served basis. After the sale, unsold items are donated or junked.

If you experience the four “Ds:” Death, Divorce, Debt and Downsizing and want to sell your house fast, give us a call. We are Red Hill Real Estate Solutions, LLC and we are here to help homeowners out of any kind of distressed situation . As investors, we are in business to make a modest profit on any deal, however we can help homeowners out of just about any situation, no matter what! There are no fees, upfront costs, commissions, or anything else. Just the simple honest truth about your home and how we can help you sell it fast to resolve any situation.

Give us a call today at 951-356-5440 to let us know what YOU need help with!

Are You Priced Out of the Market

I saw the image above on HouseHunt.com and thought really? A three bedroom house in Montebello up 50% in two years. Then MyNewsLA.com has this headline: Are you priced out of the market? L.A. Home prices rise, sales numbers soar. Debbie L Sklar doesn’t answer the question, but the implication is yes, in many cases.

One reason for low inventory of houses and prices skyrocketing is the time it takes for government agencies to approve projects. An example is the 1,200 Montebello Hills home development. Cook Hill Properties intends to build the 1,200 homes on 174 acres owned by Freeport-McMoRan Oil and Gas. The rest of the 488 acres would be devoted to open space and habitat protection. It took ten years to get approval and the completion of the project is expected to be 2022. It takes money and courage to wage a battle for ten years, and that effort bumps the cost of the resulting homes.

Governments do this kind of thing all across the country with zoning restrictions, fees of all kinds, and demands for inclusion of low cost housing in the plans. All raise costs.

That’s why we like what we do. We buy houses in the Montebello area. We buy “as-is,” fix the houses up, bringing them up to today’s buyers standards, with granite counters, stainless appliances and other amenities, and return the houses to new homeowners. For our efforts, we make a return on our investment commensurate with our risk.

We are here for you when you are going through a divorce and want to sell your house fast. We are here for you when you want to sell the house you inherited quickly, because you live in another city and it’s expensive to deal with a house from long distance. We are here for you when too much debt has gotten you into a situation where you could lose your house to foreclosure. And we are here for you when you want to sell, but the cost of getting the house fixed up to sell is not in your budget. In a word, we take ugly houses and turn them into dream homes.

If you are interested in selling your house, enter your information in the web form to the right. We will contact you to discuss an offer for your property. There is no obligation. You may accept or reject the offer presented to you.

Red Hill Real Estate Solutions, LLC. is here to help homeowners out of any kind of distressed situation.  As investors, we are in business to make a modest profit on any deal, however we can help homeowners out of just about any situation, no matter what!  There are no fees, upfront costs, commissions, or anything else.  Just the simple honest truth about your home and how we can help you sell it fast to resolve any situation.

You may hear from others, the news, or even real estate agents, that investors are all out to screw over the home owner, but this simply isn’t true.  Red Hill Real Estate Solutions, LLC. is part of a nationwide group of thousands of investors who are helping tens of thousands of homeowners every year.  We may not be the “traditional” route, but the reason many bad mouth investors is because we CAN help and we can do it quickly, which they don’t want YOU to know about!

Give us a call today at 951-356-5440 to let us know what YOU need help with!

Title Insurance Protects Your Ownership

Purchasing a home is probably the single biggest investment you will ever make. Before closing on the house, you'll want to know that no other individual or entity has a right, lien or claim to the property. Title insurance protects your ownership and monetary stake in your home should someone else make a claim of ownership to your property after closing.

For a modest, one-time title insurance premium, you will receive continuous title insurance protection in an amount equal to the purchase price of the property or its current market value. This premium typically includes your "owners" policy as well as the "lenders" policy.

One of the marked advantages of title insurance is that prior to a policy being issued, the title insurance company completes extensive research into relevant public records, maps and documents to trace ownership of the property and determine if anyone other than you has an interest in the property. Through its research, the title insurance company can usually identify any title problems that may arise and have these problems cleared-up prior to closing.

There are two types of Title Insurance: There is the lender’s title insurance policy required by your lender because the bank wants to ensure its loan is protected from title claims. There’s a second, optional policy known as the owner’s title insurance policy, which most home buyers choose to purchase as well.

Joe Gentile, an attorney at Federal Title & Escrow, says that “There are two kinds of owner’s title insurance. The limited policy, also known as a standard policy, covers issues that should have been identified and resolved prior to closing, such as forgery or fraud or a third-party who claims interest in the property. The enhanced policy covers many more pre-closing issues as well as a host of post-closing issues that can arise such as building permit violations, encroachments, contractor liens, or post-closing fraud, forgery and identity theft.”

Federal law grants home buyers the right to choose their title service provider. Many home buyers don’t realize they have a choice. They just go with whatever company their real estate agent recommends. The Consumer Financial Protection Bureau has been cracking down lately on the cozy relationship some agents have with title companies.

Homebuyers find the paperwork they sign can be lengthy and realtors try their best to explain everything you are asked to sign. However, if the document has prefilled the name of the title company in the real estate contract, be wary. That will be viewed by the CPFB as a violation against a homebuyer’s ability to shop for and choose their own service providers during the home buying process.

Many state real estate commissions are adding language to their laws to discourage licensees from steering their homebuyers toward specific lenders or title companies. In Maryland, for example, they’re revoking real estate licenses, handing out jail time and

The practice that is now out-lawed, is thought to restrict the homebuyer’s choices and inflate costs. You as a consumer want to know that the service providers are the best and your broker has no conflicts of interest.

Red Hill Real Estate Solutions, LLC. is here to help homeowners out of any kind of distressed situation.  As investors, we are in business to make a modest profit on any deal, however we can help homeowners out of just about any situation, no matter what!  There are no fees, upfront costs, commissions, or anything else.  Just the simple honest truth about your home and how we can help you sell it fast to resolve any situation.

Give us a call today at 951-356-5440 to let us know what YOU need help with!

How to Sell Your House Fast

Why would you want to know how to sell your house fast? The usual reasons for wanting to sell fast are too much Debt putting the ownership of your house at risk.  Divorce is a common reason. A couple wants to settle up, split the proceeds along with the sheets, and move on. Death is another common reason. You inherit a house. You have no intention of renting it out. Maybe you live in another city. You may look at the house and feel is needs too much work to bring it up to today’s buyer’s standards. Then there is Downsizing. You and your spouse want a smaller place, you want to travel, maybe even move to a warm tropical climate. All good reasons.

Recently, I’ve seen another reason to want to sell a house fast. At one time over 30% of the mortgages in this country were underwater, meaning the house was worth less than the amount of money owed. We have seen a continual decrease in the numbers. The average homeowner under water is now below 15%. Maybe it’s time to sell.

Svenja Gudell, Zillow’s chief economist said recently, “Although home value appreciation has been quite good over the past four years, it’s starting to slow down across the board. If homeowners aren’t upside down on their mortgages, it’s a good time to sell because of limited inventory at the lower end of the market

How to sell your house fast?

If you have been holding off waiting for the best time to sell your house, maybe Gudell’s right about the timing. We buy “as is” houses. You don’t need an inspector to go through your house, telling you what items to fix before you can sell. You don’t have to reduce your sale price by the cost of the repairs pointed out by the inspector. There are no realtor commissions of 5 to 6% to pay out of your proceeds. In fact, there are no fees whatsoever. There are no open houses to live through and no fears that something goes wrong when it’s time to close and you lose the buyer.

When we say you can sell your house now, we are usually talking 30 to 45 days, though in some cases we have closed in a week. That means you could be out before winter officially starts, basking in some warm tropical sunshine.

How does it work? We know your neighborhood and the house prices. We do a walk-through of your house, note any deficiencies, and figure out what it will cost to fix those items and what price we could sell the refurbished house. We calculate the profit we need on our investment and offer you a price.  We will explain how we arrived at our offer to you and answer any questions you might have. Then it’s up to you to accept our offer or go the traditional selling route. One call, no obligation.

Isn’t that what you want?

Red Hill Real Estate Solutions, LLC. is here to help homeowners out of any kind of distressed situation.  As investors, we are in business to make a modest profit on any deal, however we can help homeowners out of just about any situation, no matter what!  There are no fees, upfront costs, commissions, or anything else.  Just the simple honest truth about your home and how we can help you sell it fast to resolve any situation.

Give us a call today at 951-356-5440 to let us know what YOU need help with!

Sometimes in Life a Little Rain Falls

A Child's Garden of Verses

       Verse 142

Author: Robert Louis Stevenson

Illustrator: Jessie Willcox Smith

Sometimes in life a little rain falls and you experience financial difficulties just like the rainfall we had here in the Los Angeles area in mid-September. With no rain for a couple of months, the road got hazardous with the first drops. A few drops isn’t bad, but we had two inches in places and 2,500 lost power in Montebello.

In life, sometimes a loss of a job, or an adjustable mortgage payment spikes, or medical bills get to be too much, and all of a sudden it gets hard to make payments. If you get to a point where you are skipping the mortgage payments, or you borrowing on one credit card to pay another, or you have to decide between food and some financial emergency, you are experiencing hazardous financial conditions. When you start missing payments on the house, you are running a big risk of losing the house in foreclosure.

Don’t ignore the warning signs. The approaching signs of trouble should spur you into action.

Contact your lender and level with them. They may be stunned by the extent of your problem, but they have seen this before and will demand you take steps to fix it. That may require you selling your toys and making major cuts in your spending.

Do not ignore your mail. Many have been in your shoes. The first thing many did when the mail came was throw the bills in a drawer. Those first envelopes will contain helpful suggestions to get things under control. Then will come legal action. Ignoring these notices can cause you to lose everything.

Know Your Rights - You can participate in pre-foreclosure mediation with your lender to discuss options to avoid foreclosure. Also, once the foreclosure has started, you have the right to cure the mortgage default by paying the past-due amounts, although you must do so within a certain period of time before the sale.

You can fight the foreclosure by challenging the technical rules or you can seek bankruptcy. Credit.com says, “A bankruptcy filed before the foreclosure sale will “stay” or temporarily stop a foreclosure…”

Contact Professionals – Your banker may be able to refinance the loan or your creditors may be able to give you repayment options. Contact a credit counselor. Sure you will feel like a failure or worse, but take responsibility for your actions. Contact a bankruptcy attorney. That sounds contrary to taking responsibility, but you need to know your options so you can make informed decisions.

Contact a professional real estate investor.  You may want to sell your home fast to get out of the problem or to save your credit rating. Red Hill Real Estate Solutions is here to help homeowners out of any kind of distressed situation.  As investors, we can help homeowners out of just about any situation, no matter what! There are no fees, upfront costs, commissions, or anything else.  Just the simple honest truth about your home and how we can help you sell it fast to resolve any situation.

Beware of foreclosure scammers. Do not sign over your deed to them and then rent it back. Real professionals do not charge up-front fees for their services or want you to make mortgage payments to them.

In summary, recognize approaching trouble, don’t procrastinate, do something, and seek professional help.

Red Hill Real Estate Solutions, LLC. is here to help homeowners out of any kind of distressed situation.  As investors, we are in business to make a modest profit on any deal, however we can help homeowners out of just about any situation, no matter what!  There are no fees, upfront costs, commissions, or anything else.  Just the simple honest truth about your home and how we can help you sell it fast to resolve any situation.

Give us a call today at 951-356-5440 to let us know what YOU need help with!

Inherit a House in Montebello

If you grew up here, there comes a time in many lives when you inherit a house in Montebello. You and your siblings now face some difficult choices. What to do with the house; renovate it, rent it, live in it, or sell it?

Take a deep breath. Nothing has to be done immediately. Ron Calderon Director of Acquisitions at Redhill Real Estate Solutions LLC agrees. “You and siblings will have a lot of different emotions and memories about the home. Think about what the home means to each of you.” Some may want to sell and split the proceeds immediately. Others may think about living in the house again or renting it out. You all may want to know what the house is worth.

Seek the advice of professionals. A real estate agent or real estate investor is a must. The agent or investor can walk through the house, see if work needs to be done to sell it and give you a feel for the neighborhood and the house’s worth.

The real estate investor, Red Hill Real Estate Solutions, can offer cash and close within a week to a month. No fees, upfront costs, commissions will be charged. The house will be sold as-is.

Another professional could be an attorney specializing in taxes and real estate. These professionals will answer any questions you have and will help you make selling decisions.

Clean the house. As you clean, you can divvy up the folks personal belongings and arrange to sell the rest in a garage sale or estate sale. Anything left can be given away to charity. If you plan to sell, the house will present a better face to the public if it is clean and empty or staged.

Decide to sell or rent after the house is clean. Cleaning may reveal structural damage. The family will need to decide to sell as is, or rehab.

People always ask if you have taxes due on the inheritance. If there are taxes due, the estate of the deceased pays the taxes on the difference between cost and market value. Your cost or basis in the property is the market value at the date of death. For example, if your new or stepped up basis is $350,000 and you sell the property for $400,000, you would have a gain of $50,000. Each sibling would pay any taxes due on their share of the gain.

Understand in this process, nothing can tear a family apart more than money. Be wary of arguments about renting vs selling; what price to sell the house; who gets what possessions; what is the proper sharing arrangement; what professionals to use; and how any comingled money is to be invested.

Preserve your capital. Old money has a saying, “Never touch the principal.” They live off the income. Capital can be hard to accumulate. Even if you save 10% of your income each year, it takes considerable determination to save and invest to accumulate a large savings account, especially in this interest rate climate. So treat it kindly. Would your parents, who passed on leaving you their wealth, feel good about the way you spend your inheritance?  Consider hiring a professional investor.

Red Hill Real Estate Solutions, LLC. is here to help homeowners out of any kind of distressed situation.  As investors, we are in business to make a modest profit on any deal, however we can help homeowners out of just about any situation, no matter what!  There are no fees, upfront costs, commissions, or anything else.  Just the simple honest truth about your home and how we can help you sell it fast to resolve any situation.

Give us a call today at 951-356-5440 to let us know what YOU need help with!

Important Tips on How to Sell your Home Fast and read about Nations Largest Living Generation

Younger adults are selling their homes fast for cash.This year, according to Richard Fry at the Pew Research Center, the “Millennial” generation is projected to surpass the outsized Baby Boom generation as the nations largest living generation, according to the population projections released by the U.S. Census Bureau last month. Millennials (whom we define as between ages 18 to 34 in 2015) are projected to number 75.3 million, surpassing the projected 74.9 million Boomers (ages 51 to 69). The Gen X population (ages 35 to 50 in 2015) is projected to outnumber the Boomers by 2028.Ron Calderon Director of Acquisitions at Redhill Real Estate Solutions LLC "Agrees"

New changes seem afoot:
The LA Times recently wrote, “Statistical measures and anecdotal reports suggest that young couples and singles in their late 20s and early 30s have begun making a belated entry into the home-buying market, pushed by mortgage rates in the mid-3% range, government efforts to ease credit requirements and deep frustrations at having to pay rising rents without creating equity.

Hadley Malcolm at USA Today wrote, “2015 may prove to be the year of homeownership for millions of Millennials. Real estate website Zillow predicts Millennials will overcome Gen X as the largest group of home buyers this year — more than half of 18- to 34-year-olds said they plan to buy a house in the next one to five years.”

This might surprise many, but millennials are good at saving and investing in themselves. Fifty-six percent of 18- to 34-year-olds saved at least 5 percent of their income in 2014, an increase of 6 percent, reports Bloomberg Business. Improving savings rates mean millennials are paying themselves first. It also helps that they’re generally pretty thrifty, preferring to keep their money rather than spend it.

“Millennials tend to plan their purchases and shop for value online,” said David P. Sims, certified public accountant (CPA) and managing member of RidgeHaven Capital LLC. “This may be a result of necessity, as incomes remained stagnant over the past few years, especially for entry-level professionals.”

Melissa Dittmann Tracey, REALTOR® Magazine wrote something surprising. She said, “Millennials may be willing to sacrifice extra square footage in a home and even features like an outdoor kitchens or two-story foyer. But there’s one thing they say they aren’t willing to sacrifice in a new home: A separate laundry room.”

“Fifty-five percent said they wouldn’t buy a new home that didn’t have a separate laundry room. They also ranked storage as important, such as linen closets, a walk-in pantry, and garage storage.”

It could be a very good time to be real estate investors, if millennials are truly coming to market. Just remember in your marketing to stress that your house has a separate laundry room.

Red Hill Real Estate Solutions, LLC. is here to help homeowners out of any kind of distressed situation. As investors, we are in business to make a modest profit on any deal, however we can help homeowners out of just about any situation, no matter what! There are no fees, upfront costs, commissions, or anything else. Just the simple honest truth about your home and how we can help you sell it fast to resolve any situation.

Give us a call today at 951-356-5440 to let us know what YOU need help with!

Sell My Home Fast

The reasons to sell my home fast continue to be divorce, bankruptcy, death, and too much debt, leading to foreclosure, and pre-foreclosure.

Suppose you are experiencing some of those stressful reasons. How can you sell my house fast in Montebello?

Normally, you consult others about how to sell your home. They will tell you to:

1. Price it right. Price your house too high, meaning higher than a comparable neighborhood house, and the house will sit. Then you may be forced to lower your price and buyers will wonder what’s wrong. Be careful of Zillow Zestimates, They can be wildly under or over your market value. It’s best to use a realtor for comps.
2. Make their first visit to your home a lasting impression. The lawn should be mowed and edged, dead stuff taken away or raked, plants trimmed, and flowers should bloom in the flower beds. Wash the siding and windows. Doing those things will improve curb appeal.
3. Freshly paint the front door. This is the welcome mat to your home. And while you are at it, make sure the doorbell and porch light work.
4. Make it smell good when they walk in. Walk into your favorite spa and what do you smell when you enter the lobby? You are greeted by a clean, smell that makes you want to linger. Have a friend walk into your home and give it the smell test. There should be no pet or garbage odors.
5. Declutter every room. “Get rid of the family pictures,” says, Staci Byers, home stager. “Get out of your house!” You want them to imagine their belongings, pictures, art, books in “their” new home. Get them to thinking, “This is my house” from the time they walk in the door.
6. Clean out the closets, the medicine cabinet, and the tops of dressers. The buyer doesn’t want to see any of that.
7. Stage your home for sale or hire a home stager. Your home will be clean, sleek, no distractive décor, and your chances will be great for a quick sale. Homes that have been staged sell quicker, and for a higher price.

The tips are time-consuming aren’t they? After doing all that is suggested, there’s no guarantee you won’t be here next winter. Deals can fall through for a number of reasons

There is a better way!

Try calling a real estate investor. It is quick! You can sell my house fast in Montebello normally in 30 days or less. That is much quicker than a traditional sale, even if there are no major items that need to be repaired before closing. In most cases when an investor and a seller can agree on a price immediately, they can close as quickly as one to two weeks.

A real estate investor will buy as-is. Worrying about some repairs that you’ll need to fix based on an appraisal? An investor will estimate the repairs needed to restore your property and will purchase the property in whatever condition the property is currently in. He needs also to take into consideration what today’s buyers want and plan to upgrade your house accordingly.

No Fees! A real estate investor doesn’t charge you a real estate commission that typically runs 5-6% and may take care of any other nagging financial problems such as back taxes, code violations, or past due water and sewer bills.

Red Hill Real Estate Solutions, LLC. is here to help homeowners out of any kind of distressed situation.  As investors, we are in business to make a modest profit on any deal, however we can help homeowners out of just about any situation, no matter what!  There are no fees, upfront costs, commissions, or anything else.  Just the simple honest truth about your home and how we can help you sell it fast to resolve any situation.

Give us a call today at 951-356-5440 to let us know what YOU need help with!

Nation’s Largest Living Generation

This year, according to Richard Fry at the Pew Research Center, the “Millennial” generation is projected to surpass the outsized Baby Boom generation as the nation's largest living generation, according to the population projections released by the U.S. Census Bureau last month. Millennials (whom we define as between ages 18 to 34 in 2015) are projected to number 75.3 million, surpassing the projected 74.9 million Boomers (ages 51 to 69). The Gen X population (ages 35 to 50 in 2015) is projected to outnumber the Boomers by 2028.

New changes seem afoot:

The LA Times recently wrote, “Statistical measures and anecdotal reports suggest that young couples and singles in their late 20s and early 30s have begun making a belated entry into the home-buying market, pushed by mortgage rates in the mid-3% range, government efforts to ease credit requirements and deep frustrations at having to pay rising rents without creating equity.

Hadley Malcolm at USA Today wrote, “2015 may prove to be the year of homeownership for millions of Millennials. Real estate website Zillow predicts Millennials will overcome Gen X as the largest group of home buyers this year — more than half of 18- to 34-year-olds said they plan to buy a house in the next one to five years.”

This might surprise many, but millennials are good at saving and investing in themselves. Fifty-six percent of 18- to 34-year-olds saved at least 5 percent of their income in 2014, an increase of 6 percent, reports Bloomberg Business. Improving savings rates mean millennials are paying themselves first. It also helps that they’re generally pretty thrifty, preferring to keep their money rather than spend it.

“Millennials tend to plan their purchases and shop for value online,” said David P. Sims, certified public accountant (CPA) and managing member of RidgeHaven Capital LLC. “This may be a result of necessity, as incomes remained stagnant over the past few years, especially for entry-level professionals.”

Melissa Dittmann Tracey, REALTOR® Magazine wrote something surprising. She said, “Millennials may be willing to sacrifice extra square footage in a home and even features like an outdoor kitchens or two-story foyer. But there’s one thing they say they aren’t willing to sacrifice in a new home: A separate laundry room.”

“Fifty-five percent said they wouldn’t buy a new home that didn’t have a separate laundry room. They also ranked storage as important, such as linen closets, a walk-in pantry, and garage storage.”

It could be a very good time to be real estate investors, if millennials are truly coming to market. Just remember in your marketing to stress that your house has a separate laundry room.

Red Hill Real Estate Solutions, LLC. is here to help homeowners out of any kind of distressed situation.  As investors, we are in business to make a modest profit on any deal, however we can help homeowners out of just about any situation, no matter what!  There are no fees, upfront costs, commissions, or anything else.  Just the simple honest truth about your home and how we can help you sell it fast to resolve any situation.

Give us a call today at 951-356-5440 to let us know what YOU need help with!

Short Sale in Montebello

BY MIKE LANDFAIR

The housing crisis left many homeowners owning a home in Montebello making payments on a house that wasn’t worth the original buying price. Faced with the possibility of foreclosure, a short sale in Montebello is an alternative. A short sale in Montebello occurs when the bank accepts an offer on your home that is less than what is owed on the mortgage.

For example, let’s say you owe $300,000 on your home, and the market value is $250,000. Our short sale in Montebello agent team lists the property for sale, and receives an offer of $250,000. The name short sale comes from the fact that we are “shorting” the bank $50,000. In doing so, your lender will “forgive” the debt and allow you to move on with your life.

Why would a bank do that? A typical foreclosure will cost the bank anywhere from $15,000-$30,000 in legal fees, maintenance costs, utilities, etc. With a short sale in Montebello, there is no out of pocket cash and instead the bank receives money, and they don’t have to own the property and maintain it.

The two most popular questions:

What about the deficiency? Will the bank come after me?

In many states, the lender can seek a personal judgment against you after the short sale to recover the deficiency amount. Generally, once the lender gets a deficiency judgment, it may collect this amount (in our example, $50,000) from the borrower by doing such things as garnishing your wages or levying your bank account.

A few states, however, do prohibit deficiencies after short sale, such as California.

When negotiating with your lender for approval of your short sale, ask the lender to waive its right to seek a deficiency judgment. If your lender agrees, this provision must be included in the short sale agreement. The agreement must expressly state that the transaction is in full satisfaction of the debt and/or that the lender waives its right to the deficiency.

If your lender refuses to waive the deficiency, you can offer to settle the deficiency for a smaller amount.

What are the tax consequences of debt forgiveness? There may be tax consequences on the debt that is forgiven. The IRS treats debt forgiveness as income, however if the discharge was directly related to a decline in your home’s value or your financial condition, you may be ok. Only a tax professional can answer specific questions.

The number one goal of the professional you use to execute a short sale in Montebello is to do everything in their power to make sure the homeowner is absolved of any potential deficiency issues. Find a professional that has an attorney and a CPA on their team to help not only with deficiency issues, but tax consequences as well.

Red Hill Real Estate Solutions, LLC. is here to help homeowners out of any kind of distressed situation. As investors, we are in business to make a modest profit on any deal, however we can help homeowners out of just about any situation, no matter what! There are no fees, up front costs, commissions, or anything else. Just the simple honest truth about your home and how we can help you sell it fast to resolve any situation.

Give us a call today at 951-356-5440 to let us know what YOU need help with!

Ron Calderon, Red Hill Real Estate Solutions, LLC., investments, short sales, REO, distressed, foreclosures, loan, loan solutions, sell house quickly, East LA

Short Sale in Montebello

The housing crisis left many homeowners owning a home in Montebello making payments on a house that wasn’t worth the original buying price. Faced with the possibility of foreclosure, a short sale in Montebello is an alternative. A short sale in Montebello occurs when the bank accepts an offer on your home that is less than what is owed on the mortgage.

For example, let’s say you owe $300,000 on your home, and the market value is $250,000. Our short sale in Montebello agent team lists the property for sale, and receives an offer of $250,000. The name short sale comes from the fact that we are “shorting” the bank $50,000. In doing so, your lender will “forgive” the debt and allow you to move on with your life.

Why would a bank do that? 

A typical foreclosure will cost the bank anywhere from $15,000-$30,000 in legal fees, maintenance costs, utilities, etc. With a short sale in Montebello, there is no out of pocket cash and instead the bank receives money, and they don’t have to own the property and maintain it.

The two most popular questions:

What about the deficiency? Will the bank come after me?

In many states, the lender can seek a personal judgment against you after the short sale to recover the deficiency amount. Generally, once the lender gets a deficiency judgment, it may collect this amount (in our example, $50,000) from the borrower by doing such things as garnishing your wages or levying your bank account.

A few states, however, do prohibit deficiencies after short sale, such as California.

When negotiating with your lender for approval of your short sale, ask the lender to waive its right to seek a deficiency judgment. If your lender agrees, this provision must be included in the short sale agreement. The agreement must expressly state that the transaction is in full satisfaction of the debt and/or that the lender waives its right to the deficiency.

If your lender refuses to waive the deficiency, you can offer to settle the deficiency for a smaller amount.

What are the tax consequences of debt forgiveness? There may be tax consequences on the debt that is forgiven. The IRS treats debt forgiveness as income, however if the discharge was directly related to a decline in your home's value or your financial condition, you may be ok. Only a tax professional can answer specific questions.

The number one goal of the professional you use to execute a short sale in Montebello is to do everything in their power to make sure the homeowner is absolved of any potential deficiency issues. Find a professional that has an attorney and a CPA on their team to help not only with deficiency issues, but tax consequences as well.

Red Hill Real Estate Solutions, LLC. is here to help homeowners out of any kind of distressed situation.  As investors, we are in business to make a modest profit on any deal, however we can help homeowners out of just about any situation, no matter what!  There are no fees, up front costs, commissions, or anything else.  Just the simple honest truth about your home and how we can help you sell it fast to resolve any situation.

Give us a call today at 951-356-5440 to let us know what YOU need help with!

Ron Calderon, Red Hill Real Estate Solutions, LLC., investments, short sales, REO, distressed, foreclosures, loan, loan solutions, sell house quickly, East LA, 

Selling a House As Is

Selling a house as is may be the only way you can move on, but you are worried that it won’t sell quickly. You also worry that a roof needing replacement or a basement that has been leaking or the dry rot where the outside wood mouldings touch the concrete porch will turn buyers off.

You could fix those items if you only had the money. What to do, what to do!

You could call Red Hill Real Estate Solutions, LLC.  We buy “as is” houses. You don’t need an inspector to go through your house, telling you what items to fix before you can sell. You don’t have to reduce your sale price by the cost of the repairs pointed out by the inspector. There are no realtor commissions of 5 to 6% to pay out of your proceeds. In fact, there are no fees whatsoever. There are no open houses to live through and no fears that something goes wrong when it’s time to close and you lose the buyer.

There is a better way!

Try calling a real estate investor. It is quick! You can sell your house fast in Montebello normally in 30 days or less. That is much quicker than a traditional sale, which can take several months even if there are no major items that need to be repaired before closing. In most cases when an investor and a seller can agree on a price immediately, they can close as quickly as one to two weeks.

You could call Red Hill Real Estate Solutions, LLC if you are living in a city outside Montebello when you inherit a house in Montebello. It is awfully hard to take care of business and see your family in one city and deal with an inherited property in another. Selling a house as is may be the easiest way to resolve the situation. We can visit the house note any repairs that need to be made, appraise any changes that need to be made to bring the property up to code or make it more marketable.

As investors, we are in business to make a modest profit on any deal. We will figure what the market is for your house at its best, subtract the cost of renovation and our profit and make you an all cash offer. We will answer any questions about how we arrived at our price and you can accept or reject our offer. There is no obligation

You could call Red Hill Real Estate Solutions, LLC when selling a house as is may be the quickest way of finalizing a divorce and moving on quickly. Or you and your spouse could call us, if you want to downsize quickly and buy a smaller house in some exotic location.

Red Hill Real Estate Solutions, LLC. is part of a nationwide group of thousands of investors who are helping tens of thousands of homeowners every year.  We may not be the “traditional” route, but we CAN help and we can do it quickly.

Give us a call today at 951-356-5440 to let us know what YOU need help with!

Cash for Houses

Yes, we buy “as is” houses. And, we pay cash for houses. One couple called us that owned a house they wanted to sell quickly. They invited us to take a look at their house.

How does our process work? Red Hill Real Estate Solutions, LLC knows your neighborhood and the house prices. We did a walk-through of their house, noted any deficiencies, and figured out what it would cost to fix those items and at what price we could sell the refurbished house.We noted that the house needed some work such as garage instead of a car port and a renovated kitchen. Today’s buyers want granite counters, double sinks, dishwasher, stainless appliances, modern lighting, and modern cabinets. The couple didn’t have the money for those things, yet wanted to sell fast. They also needed a new roof.

We explained how we calculate the profit we need on our investment and offered them a price for their house.

We did say, "with us, you don’t have to make adjustments to the sale price for the cost of the repairs pointed out by the inspector". We pointed out that there are no realtor commissions of 5 to 6% to pay out of their proceeds. In fact, there are no fees whatsoever. There are no open houses to live through and no fears that something goes wrong when it’s time to close and that could lose the buyer.

Isn’t that what you want? To sell your home fast? We have cash for houses.

You want a clean sale. You want a fair offer and you want to know how we arrived at our offer. Then you want to cash out as quickly as you can, so you can pursue your new life style.

There are many reasons to want cash for houses. They include the Four Ds.

Debt

Stressful as they can be, financial challenges are the main motives why people tend to quickly sell their homes. If you have too much debt and are facing a possible foreclosure or even bankruptcy, you may have a desire to resolve the situation so your credit rating doesn’t suffer more.

Divorce

It is particularly stressful to go through divorce. Once the property division is settled, you want to sell quickly and get on with your lives.

Death in the family

When families are dispersed it is hard to take care of the family home from another city, and travel is expensive. We can help. We can make a cash offer for the house, even while in probate.

Downsizing

The house is just too big for the two of you, now that the kids are gone. You decide that you need something smaller. Maybe, you have the travel bug and don’t want to worry about the big house in the States. We can pay cash for houses and you can be on your way to a smaller house or the Amalfi Coast of Italy.

Red Hill Real Estate Solutions, LLC. is part of a nationwide group of thousands of investors who are helping tens of thousands of homeowners every year. We may not be the “traditional” route, but we CAN help and we can do it quickly

Give us a call today at 951-356-5440 to let us know what YOU need help with!

Ron Calderon, Red Hill Real Estate Solutions, LLC., investments, short sales, REO, distressed, foreclosures, loan, loan solutions, sell house quickly, East LA,